Marcia Ellis and Susan Mac Cormac were quoted in a recent article published by Citywire Asia, following the publication of MoFo’s Asia Funds ESG Report.
The article explores the key findings of the survey including how there is talk, but little action, by Asia GPs on ESG considerations and how accusations of greenwashing could soon become an issue.
Marcia is quoted as saying “Asia GPs are generally behind other areas of the world on ESG adoption and practice, and while significant progress has been made in the past few years, there is still a long way to go”.
Susan says, “Our findings reveal that many fund managers are still at an early stage of their ESG journey” and “Many GPs are making the mistake of only treating ESG as a compliance issue, whereas the real benefits in embedding ESG considerations are in driving value, managing enterprise risk, and reporting”.
Read full article.